Embraer, CDB Leasing Co Ltd (CLC) and China Southern Airlines Co Ltd signed (12-Apr-2011) a tripartite agreement, confirming the purchase of a second tranche of 10 E190s as a follow-on order to an agreement concluded earlier this year when 10 E190s were ordered. In addition, an LOI was signed for a third group of 10 E190s, which, if confirmed, will bring the total CLC order to 30 aircraft, which translates into a list price total of USD1.25 billion. All 30 E190s ordered by CLC will be operated by China Southern, which will start receiving the E190s during 2H2011. [more]
Embraer, CDB Leasing and China Southern sign E190 agreement
You may also be interested in the following articles...
Alaska Air: the airline's network diversification continues ahead of closing Virgin America merger
During the next couple of years Alaska Air Group faces one of the most important milestones of its 84-year history with the presumed approval and closing of its merger with Virgin America, followed by the complex integration of the two companies.
Alaska has not offered capacity guidance for 2017, but its mainline fleet is projected to grow by just a single aircraft as it completes the phase-out of its Boeing 737-400 Classics. Its regional subsidiary Horizon begins deliveries of Embraer 175s in 2017, which could drive most of the group’s capacity growth for the year. But it is likely that Alaska is aiming to grow total ASMs below 2016’s increase of 8.5%.
As it prepares to close on its acquisition of Virgin America Alaska is continuing its stand-alone network evolution that includes capitalising on loosened operating restrictions at Newark airport, which helps the company bolster its position on the US east coast. Alaska is also targeting more midwestern markets in 2017, one feature of its efforts to diversify its offerings during the last few years.
Northeast Asia's outlook remains bright – and perhaps more so than before
A few years ago amidst the economic downturn it was Northeast Asia – with its main Chinese market – that was a strategic bright spot for aviation.